H.B. 469 1st Sub. (Buff) 2023/02/28 18:02, Lead Analyst: Bidusha Mudbhari Attorney: PO Fiscal Note H.B. 469 1st Sub. (Buff) 2023 General Session Wildlife Related Amendments by Snider, C. (Snider, Casey.) General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $(1,017,800) $(34,000) $(1,051,800) State Government UCA 36-12-13(2)(c) Revenues FY 2023 FY 2024 FY 2025 General Fund $0 $(17,800) $(17,800) General Fund, One-time $0 $(34,000) $0 Commerce Service Fund $0 $17,800 $17,800 Commerce Service Fund, One- time $0 $34,000 $0 New Account Created By Bill (FN Only) $0 $1,000,000 $0 Total Revenues $0 $1,000,000 $0 Enactment of this bill could reduce year-end transfers to the General Fund from the Commerce Service Fund by $34,000 one-time in FY 2024 and by $17,800 ongoing beginning in FY 2024. Enactment of this legislation appropriates $1,000,000 ongoing beginning in FY 2024 from the General Fund to a new special revenue fund created by this legislation. Expenditures FY 2023 FY 2024 FY 2025 General Fund $0 $1,000,000 $1,000,000 Commerce Service Fund $0 $17,800 $17,800 Commerce Service Fund, One- time $0 $34,000 $0 New Account Created By Bill (FN Only) $0 $1,000,000 $1,000,000 Total Expenditures $0 $2,051,800 $2,017,800 Enactment of this bill could cost the Department of Commerce $34,000 one-time in FY 2024 for establishing rules and guidelines and $17,800 ongoing beginning in FY 2024 for investigations. Spending from the Commerce Service Fund impacts year-end transfers to the General Fund. Enactment of this legislation appropriates $1,000,000 ongoing beginning in FY 2024 from General Fund to a new account created by this legislation. H.B. 469 1st Sub. (Buff) 2023/02/28 18:02, Lead Analyst: Bidusha Mudbhari Attorney: PO FY 2023 FY 2024 FY 2025 Net All Funds $0 $(1,051,800) $(2,017,800) Local Government UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct, measurable costs for local governments. Individuals & Businesses UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses. Regulatory Impact UCA 36-12-13(2)(d) Enactment of this legislation could result in a medium increase in the regulatory burden for Utah residents or businesses. Performance Evaluation JR1-4-601 This bill creates a new program or significantly expands an existing program. For a list of questions lawmakers might ask to improve accountability for the proposed program, please see: https://budget.utah.gov/newprogram Notes on Notes Fiscal notes estimate the direct costs or revenues of enacting a bill. The Legislature uses them to balance the budget. They do not measure a bill's benefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decides appropriations separately.